Watch List notes:

Septimius Severus Æ Medallion. Rome, AD 196. L SEPTIMIVS SEVERVS PERTINAX AVG IMP VII, laureate and cuirassed bust to right, with aegis on cuirass / Roma standing facing, head to left, holding parazonium and grounded spear; shield at her feet to right. Gnecchi pl. 92, 10. 53.67g, 42mm, 12h.

Near Very Fine. Extremely Rare.

From a private German collection;
Ex Phoibos Collection, Fritz Rudolf Künker GmbH & Co. KG, Auction 333, 16 March 2020, lot 1072.